Repeals provisions relating to certain penalties for failure to deliver personal property lists

HB 3171 repeals existing penalties for failing to submit personal property lists by March 1 and redirects those penalties (including interest) to the county employees' retirement fund. The bill requires county treasurers to deposit penalties monthly into the fund and mandates assessors to maintain logs tracking penalties, waivers, and reasons for waivers. This directly affects businesses and individuals required to file personal property lists, as their penalties will now support county employee retirement benefits instead of general county funds.